Global Oil Prices Plummet, Shaking Economies Worldwide in 2014-2015
Crude oil prices dropped dramatically in 2014, ending a period of stability. Factors like supply and demand, investor sentiments, and OPEC decisions influence these prices. The decrease in prices was larger than for other products, possibly signaling the end of a price "super cycle". The main goal of the article was to analyze the reasons behind this price drop and its effects on the global market. Key questions addressed include the driving force behind the price decrease, actions leading to it, and consequences for both suppliers and recipients.